Texas Statutes
§ 265.051 — INVESTMENT OF FUNDS.
Texas § 265.051
JurisdictionTexas
Code HSHealth and Safety Code
This text of Texas § 265.051 (INVESTMENT OF FUNDS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Health and Safety Code Code Ann. § 265.051 (2026).
Text
Sec. 265.051. INVESTMENT OF FUNDS.
(a)The law relating to security for and investment of municipal or county funds applies to hospital board funds. A bond resolution or trust indenture executed for hospital board bonds may further restrict the security for and investment of hospital board funds.
(b)The hospital board may invest, until needed, all or part of its bond proceeds in direct obligations of the United States to the extent authorized in the bond resolution or trust indenture.
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Legislative History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Nearby Sections
15
§ 265.003
COUNTY WITH POPULATION OF AT LEAST 92,600 AND MUNICIPALITY WITH POPULATION OF AT LEAST 57,250.§ 265.012
FINANCING.§ 265.013
BOARD OF MANAGERS.§ 265.014
CHAIRMAN.§ 265.015
CONTRACTS.§ 265.016
FINANCIAL STATEMENT; BUDGET.§ 265.017
ISSUANCE OF REVENUE BONDS.§ 265.0171
REPAYMENT OF BONDS.§ 265.0172
ADDITIONAL SECURITY FOR BONDS.§ 265.0173
MATURITY.§ 265.0174
BONDS NOT PAYABLE FROM TAXES.§ 265.0175
SALE OF BONDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 265.051, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/HS/265.051.